Canada’s oilsands appeared to be skidding toward big trouble in the dying days of 2014. Shale producers in the United States had found ways to produce oil faster and cheaper, and the Organization of the Petroleum Exporting Countries was pushing down prices to try to drive everyone else out of business. 1,789 more words

In the heart of Canada’s biggest oil province, life is slowly returning to normal in Fort McMurray. After a fire last year destroyed entire neighbourhoods in the town and halted about one million barrels of daily production, green leaves are beginning to bud on charred trees and new construction is replacing homes that were burned to the ground. 834 more words

Good morning. Editor Nicole MacAdam (@nicole_mac1) here. Canada is said to be ‘dragging its feet’ on the next auction of spectrum, Imperial Oil’s chief executive raises concerns about oilsands competitiveness, and how Home Capital went from market darling to on the brink. 835 more words